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One of Theresa May’s key Brexit ministers has claimed that civil servants have never produced a correct economic forecast, and said he looks forward to continuing to prove the “horror story predictions” of economists wrong.

Shares in Britain’s top 100 companies reached an all-time high on Friday, after buoyant sales across the services sector last month showed the economy remained resilient following the post-Brexit vote slump.

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One of Theresa May’s key Brexit ministers has claimed that civil servants have never produced a correct economic forecast, and said he looks forward to continuing to prove the “horror story predictions” of economists wrong.